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Appendix: Measures to open up the service sectors in the China (Shanghai) Pilot Free Trade Zone

0 Comment(s)Print E-mail Deloitte, October 16, 2013
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2. Transportation services

4. Ocean transportation (Classification of National Economic Industries: G Transportation, warehousing and postal industry – 5521 Ocean transportation)

Opening up measures

(1) Limitations on foreign participation in Sino-foreign equity joint venture and Sino-foreign cooperative joint venture international shipping enterprises will be relaxed. The transport administrative authorities of the State Council shall be in charge of the rulemaking.

(2) Foreign ships owned or indirectly owned by Chinese-invested companies are allowed to pilot the coastal shipping between domestic coastal ports and Shanghai port.

5. International ship management (Classification of National Economic Industries: G Transportation, warehousing and postal industry – 5539 Other water transportation auxiliary service)

Opening up measures

Incorporation of wholly foreign-owned ship management enterprises will be allowed.

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